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CBS
Dec 7, 2012 5:30pm PST
to add jobs in november, despite worries about a looming fiscal cliff in washington and the effects of a k perstorm in the northeast. >> thank you very much. or reporter: at chobani, the greek yogurt maker based in new york, c.e.o. hamdi ulukaya has been hiring. how many employees do you have? >> close to 2,000. >> reporter: the turkish-born ulukaya started chobani just four years ago. since then, greek yogurt sales re g exploded. chobani is now nearly a billion- dollar business. >> think we're going to be over 5,000 to 6,000 people by five years. >> reporter: so another 3,000 or ll000. th yeah. >> reporter: nationally job f owth has been steady but slow. so far in 2012 the economy has added an average of 151,000 jobs a month. >> we are creating more jobs but the pace of that hasn't really thanged much in the last two years. >> reporter: this chief investment strategist with the the blackrock says the economy is caught in a circle. >> one reason the job market isn't better is consumers aren't spending and the reason consumers aren't spending is etcause the job market isn't i wier. t
FOX Business
Dec 5, 2012 1:00pm EST
in washington. speak up for the fiscal cliff is part of the half trillion dollars in cuts to the pentagon. the defense has been saying we will not plan for sequestration's because they don't want to be cautious because it is like a gun to the head. they're now looking into planning for this because we are getting pretty late, and that may become a reality. back to you. melissa: rich edson, thank you so much. lori: let's continue this discussion. it is going to happen, it is exactly what the democrats want. according to scott hodge of the tax foundation. what are some alternatives to raising revenue? joining me with some ideas. to your point, you're written quite extensively on this topic. it seems the economy is poised to fall off the cliff and that's what the democrats and the president wants to happen. >> they want to allow all the bush tax cuts to expire. it happens naturally automatically. they don't even have to vote for it. in january we had to lower taxes for everybody. getting it very simply. lori: a lot of people are concerned. if we do go over the cliff, there's no resolution fo
CBS
Dec 6, 2012 7:00am EST
, are they prepared to go over the fiscal cliff. >> absolutely. >> fiscal cliff negotiations in washington, still up in the air. most lawmakers have gone home for a long weekend. >> i'll be here and i'll be available at any moment to sit down with the president if he gets serious about solving this problem. >> the duchess of cambridge has left hospital. there for morning sickness. >> how are you feeling this morning, kate? >> as of today, possession of small amounts of marijuana is legal in the state of washington. >>> now the 55th annual grammy awards revealed. the top contender, kanye west and jay-z. >> he's got it. kobe bryant. the greatest player in the history of the los angeles lakers. >> all that, ready for your mistake? >> yeah. i'd like to hear it. >> can eating while driving be distracting. >> no! >> and all that matters. >> former senator alan simpson is bringing his meg aboutssage about the national debt to a new generation. >> gangnam style. >> on cbs "this morning." >> the star? a toddler and tiaras earning a spot on barbara walters list of the 20 most
CNN
Dec 6, 2012 2:00am PST
what washington needs to crack the whole fiscal cliff thing wide-open. all i'm saying is i think it has the power to bring people together simpson style. that's it for us. thanks for watching. "early start" begins now. >>> new this morning, tanks and personnel carriers stationed outside the presidential palace in egypt, clashes turning deadly overnight. rage at the new leader fears he may become the old leader. we're live from outside the palace in 30 seconds. >>> plus new reports that syria is putting chemical components in bombs. the details, straight ahead. >>> as of this morning for the first time in the history of our country, it is now legal to smoke pot for recreational purposes in a state and we are there for the pot party. good morning, welcome to "early start." i'm christine romans in for john berman this thursday morning. >> i bet you never thought you'd say that, live at a pot party. >>> good morning to you, i'm zoraida sambolin, 5:00 a.m. in the east here. >>> tension has quickly turned to deadly violence in egypt. this morning, tanks and armored personnel carriers are guar
CNN
Dec 7, 2012 2:00am PST
is live in washington. nice to see you. new polls. what do americans want to see in a fiscal cliff deal? >> the polls are at these num, the big sticking points, should taxes be raised on those making over $250,000 a taxes would be raised if there's no deal to avert the fiscal cliff. yesterday as you said, the president was in northern virginia meeting with a middle class family who would suffer if there was no deal. last week the president went to suburban philadelphia, to a small business again to make the point of his side in these fiscal cliff negotiations. different than a year and a half ago when the president dealt only with republicans in congress. this time he is taking the case to americans and getting outside of washington, d.c. congressional republicans not so happy that the president is doing this. >> we understand that. paul steinhauser live in washington, thank you. >>> let's talk more about the fiscal cliff. we have the washington correspondent for the new yorker and cnn contributor ryan lizza with us. john boehner and the president in a room, just the two of them. good i
MSNBC
Dec 10, 2012 9:00am PST
in nature. then again, it could look like fiscal cliff part two. washington is washington, after all. telemundo jose diaz bullart lends his intelligence and wit to an increasingy horny topic. jose, it's wonderful to see you, as always. >> thank you, alex. what a pleasure. pleasure to see you. you know, it's interesting, alex. the folks that love -- i'm sorry. go ahead. >> oh, i was just going to say there has been this sense that everyone was going to settle under a rainbow and sit at the pot of gold and come up with comprehensive immigration reform, but now we are starting to see some fractures, some discussion that certain elements of the republican party are not going to be okay with a comprehensive immigration reform package. where do you stand on this? do you think that -- >> it's interesting. do think the process helped the gop among latino voters? >> no. no. it's interesting, alex, because the same people that love a tax amnesty hate apparently citizenship possibilities for 11 million people that have been here for many years. many of them have children and grandchildren born
MSNBC
Dec 6, 2012 8:00am PST
around washington, d.c., and he does have a point. so if the fiscal cliff talks were happening in texas, there would be lots of talk of the two-step, but they are not. former president clinton describing the negotiations as a different kind of dance. it's a kabuki dance, sort of like two dogs that meet each other through a piece of meat. sniffing each other out. they're moving towards a deal. that's what's going on. clinton is optimistic a deal will be reached. ♪ >> and start using those precious social media skills -- >> it's all about gangnam style for former senator alan simpson. that's how he's trying to get his message out about the fiscal cliff. he explained why this morning on "today". take a look. >> i thought the guy said pretending you're riding a horse and lassoing steer. let me tell you, you have to reach young people. >> it's hard to read when you're coughing and laughing all at the same time. it's problematic, people. so, from alan simpson to the animated simpsons, mr. montgomery burns explains the fiscal cliff. >> think of the even xhooe econd the ri as a car. if you do
CNN
Dec 6, 2012 4:00am PST
your business this morning, markets in a holding pattern as fiscal cliff talks continue in washington. but the s&p 500 is up 12% so far this year. and a 20-year veteran investment strategy at goldman sachs, abby joseph cohen, she estimates stocks could rise another 10% to 15% next year. she says the fundamentals of the u.s. are solid, despite the fiscal cliff concerns coming out of washington. she says stocks could get hit in the early part of the area if we go over the fiscal cliff, but the fundamentals of the economy are still good. >>> all right. apple stock dropped more than 6% yesterday. shares were down about half a percent in pre-market trading this morning. no concrete news pushing them down, but today there's another hearing in the patent case with samsung in california. and a tech research report generatored a lot of buzz that apple's tablet competitors could eat into its market share. >> interesting. >> thanks, christine. >>> well, the good news is, let's do the fiscal cliff and the good news. and it's not very much. but at least the two sides are talking, by phone. not fac
ABC
Dec 5, 2012 4:00am PST
watching this fiscal cliff drama. paula? rob? >> drama, indeed. tahman bradley, live in washington. thanks, tahman. >>> and a top republican may be among president obama's choice for his reshuffled cabinet. former senator chuck hagel of nebraska is said to be on the short list for secretary of defense. the president is expected to announce his nominees in the next two weeks. >>> and looking frail and also in a wheelchair, former senator bob dole made a surprise appearance last night on capitol hill, just days after being released from the hospital. dole was pushing for passage of a u.n. treaty guaranteeing equal rights for the disabled. but his efforts were in vain. republicans blocked approval of the treaty, saying it threatens national sovereignty. >>> also, a political passing announced overnight. long-time texas congressman, jack brooks has died. you can see brooks in this very famous photograph of lbj being sworn in as president aboard air force one. he is standing just behind a grief-stricken jackie kennedy. brooks died last night in beaumont, texas, after a sudden illness. he was 89
CNBC
Dec 5, 2012 4:00am EST
council in washington at 10:45 eastern as he pushes for a budget plan to avoid the fiscal cliff, that includes high tax rates for the wealthy. house republicans are meeting with small business owners today. lawmakers are divided on how much they should compromise with the white house. this is a day after the house speaker john boehner unveiled a budget proposal that included some revenue concession but he faced heavy criticism. mitch mcconnell wouldn't publicly endorse boehner's plan, while jim demint says it would destroy jobs. at the same time, the kkr co-chairman and ceo henry kravis says uncertainty is the main reason why investing isn't happening right now. he says many companies are rushing to close deals before the end of the year, concerns about whether the capital gains tax will rise. he says the fiscal cliff shouldn't be a big issue, and if businessmen got into the room they could solve the problem much faster than congress. >>> adding his tuppence, he says they'll have to get used to it and the fiscal cliff is one of the reasons. >> we have structural influences that
FOX Business
Dec 10, 2012 7:00pm EST
whether washington can work out a deal to avoid the fiscal cliff. stocks rising, well, modestly is a big, strong word for what happened. technology stocks helping the dow up 15 points. the s&p up a fraction, the nasdaq rose nine. trading light. technology stocks strong in the market, and i'm speaking, obviously, comparatively. hewlett-packard setting the tone, leading the sector, not commenting on speculation that carl icahn has been amazing a position in the stock -- amassing a position in the stock. cisco systems -- mcdonald's, also a dow stock rising on news that sales rose 2.5% last month. that stock up just about 1% today. piper jaffray calling apple a $900 stock based on fundamentals. it may be, but it's got a ways to go after today, apple losing $3.43 on the day, $8 above its low of the session and trading slightly higher in after hours. crude oil prices down on the day for a fifth straight session closing at 85.56, the decline in crude also showing up at the pump. the average price of a gallon of gasoline dropping 11 cents, and we're looking at an average price of $3.34 a gallon.
CNN
Dec 10, 2012 6:00am PST
in london. >>> in washington all eyes on the fiscal cliff, now just 22 days away. with the white house and republican leaders at a stalemate, president obama is hitting the road to rally support for his plan, which would raise taxes for the wealthiest americans. he met yesterday with house speaker john boehner, their first face to face meeting in more than three weeks. today the president will visit a detroit engine factory to rally support from auto workers. the president's meeting with speaker boehner didn't yield a big breakthrough, but the men did manage to agree on one thing, and that is that they will keep their negotiations behind closed doors. the men released this identical statement, saying this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff. we're not reading out details of the conversation, but the lines of communication remain open. cnn's dan lothian is at the white house this morning. dan, i guess the fact that the lines of communication are open is a good sign. >> reporter: that's right. it is a good sign
ABC
Dec 9, 2012 5:00pm PST
simply avoid the fiscal cliff to get america's economy growing again. >> still have up certain that -- uncertainty that fuels doubts, stops people from making decision. >> bud washington's top leader, house speaker john boehner, says there has been little progress. >> when it comes to the fiscal cliff threatening our economy and threatening jobs, the white house has wasted another week. >> democrats show no signs of backing off from supporting the president's hard-line stance on raising the incomes tax rate for the rich. >> we democrats realize there have to about two sides to the bargain, but in 2011 we put both revenues and cuts on the table. >> but one republican senator revealed this week that tax increases might help solve america's debt crisis. so far the g.o.p. has stood imeps raising taxes. >> what we ought to be working on is the other 93%, because if you want to do what he wants on tax rates, you affect% of the deficit. we have spent ourselves into a hole and we're not going to raise taxes and borrow money and get out of it. so, will i accept a tax increase as a part
FOX Business
Dec 7, 2012 1:00pm EST
and oh, yeah, that fiscal cliff. ftn economist lindsey piegza says washington is ignoring a much bigger problem than tax rates on the wealthy. she will explain just ahead. tracy: fox business exclusive for one company that saw its stock double after hurricane sandy. generac's ceo joins us ahead. look how oil is trading right now, basically unchanged, $86.04 a barrel. we'll be right back. tracy: it is time to make some money with charles payne. this hour we're looking at a california-based tech company. charles spent a lot of time in cali. >> yes. i'm starting to learn cali. i'm not really impressed with los angeles. i know it is a different story. ashley: not sitting in your car it's great. >> i went to the museum to see the exhibit. fantastic. anyone in l.a. should go see it. sandisk is the stock. it is a stock, we played it before. it pulled back a lot lately. i'm not sure why it pulled back so much. lately they have been doing pretty well. last night they beat the street by 46%. next year fiscal earnings estimates continue to climb. three months ago they were three bucks, now 3.48. v
NBC
Dec 9, 2012 5:00am EST
to shock trauma where he died a half an hour later. >> to washington now and the fiscal cliff budget talks. if lawmakers fail to produce a deal, more than two million people will lose unemployment benefits four days after christmas. concern over budget talks is changing the way some are shopping this holiday season. nadia ramdass has more. >> alexandria, what do you want for christmas? >> furby and barbie. >> furby, barbie, and electronics are a taste of some of the must-have items this holiday shopping season and this ellicott city target store was bustling saturday with shoppers determined to make holiday purchases within reason. >> they'll save us a lot of money. >> with the looming fiscal cliff, linda and mike martzen are changing holiday shopping habits this year, relying on coupon and shopping less in case the cliff goes over in the beginning of the year. they're not alone. >> buying more practical, stuff people want. >> trying to save more and buy less in case taxes do go up. >> experts say the fiscal cliff could play grinch to the u.s. economy during the holiday shopping season. in
FOX Business
Dec 6, 2012 10:00pm EST
driving us to the fiscal cliff? chris and senior writer for the weekly standard, steven hayes the guests here tonight. we begin with the dictator trying to maintain command of the country using chemical weapons as a deterrent. fox news chief washington correspondent james rosen has the latest for us in this report. >> a regime helicopter captured in the skies in syria in a video unloads something, most likely, a defensive flair to detour antirebel runners, but that epitomizes the fear of which the serian people now live. rebel forces taking the flight to the assad regime inside the capital with a deadly explosion in the arab red crescent building outside the city. >> it's very clear the regime forces are being grounded down and that they are losing. >> in seeking to squash the uprising, he killed 40,000 people. president obama's top aids feel the fightg takes on a more gruesome character. >> we remain very concerned, very concern that as the opposition advances, i particular on damascus, that the regime might very well consider the use of chemical weapons. >> senior u.s. officials confir
ABC
Dec 5, 2012 1:40am PST
in washington as the fiscal cliff looms and fears of a recession close in. >> the latest negotiations and nasty exchanges in a battle over everyone's money. it is wednesday, december 5th. >> announcer: from abc new, this is "world news now." >>> good hump day, everybody. wednesday morning. i'm rob nelson. >> and i'm paula faris. >>> we're going to update you on the big fiscal fight in our top story from washington. and from one capital to another, the political uproar in egypt. how cairo police are taking action as thousand of protesters hit streets in outrage. an all-too-familiar scene. >> most protesters say it seems like they traded one dictator for another. >> for another. >>> hard to believe it is. they're part of a growing group of so-called preppers getting ready, as you can see, for the very, very worst. normal everyday folks getting ready for the end of time. >> completely normal. wow. >>> later this half hour, the upcoming movie from "lord of the rings" series and why some fans who have already seen it say the film made them sick. but this film, we're not going to tell you exactly wha
CNN
Dec 7, 2012 2:00am EST
the fiscal cliff. most have headed home and the left and right aren't speaking to each other. of course, even though they're not talking to each other, that doesn't mean they're not talking about each other. here's what harry reid had to say about republicans today. >> not one of my favorite teams, but it's really, really fun to watch, and that's the new york jets. coach ryan. he's got a problem. he has three quarterbacks. sanchez, he's got tim tebow, and he's got a guy by the name of mcilroy. he can't decide who the quarterback is going to be. that's the same problem republicans are having. >> wow. for those of you who don't live in new york or follow football, the new york jets are an nfl team currently plagued by horrible things. infighting and embarrassing losses that culminating with mark sanchez's infamous butt fumble on thanksgiving. it shows how grim it is for the new york jets since their name is synonymous with failure and infighting. even when they won by a mechely point, their hometown paper slammed them. that was when they won. this also shows how far the gop has fallen. since mi
FOX News
Dec 7, 2012 10:00am PST
the move august. experts say it could be the sail mate in washington around the fiscal cliff that's causing th this. chris stirewalt is our host of power play on foxnews.com live. this consumer confidence report shows the levels have plunges to the lowest in five months. is this getting any play in washington or was all the talk about the jobs numbers and unemployment rates? >> the jobs numbers weren't good enough to overshadow too much. but the reality in washington is this. that regardless of how bad things are getting right now, and regardless of how much they are scaring the rest of the country, they seem dead set on going over the cliff right now and it will take a lot more than panicking consumers before they change their minds. alisyn: melissa francis is the host of "money" on the fox news business network. explain what consumer confidence means and why it's so bad. >> a lot of it has to do with the fiscal cliff. but as you look deeper into these numbers and the questions they were asking, a lot of people respond saying they feel like taxes are going up count road and that made them
CNN
Dec 6, 2012 1:00pm PST
and congress can't make a deal on the so-called fiscal cliff. a source of great concern for so many people, everyone's taxes will go up, will go up if there's no deal. let's go live to our white house correspondent dan lothian. he's on the scene for us over at the white house. how did it go, dan? >> reporter: well, wolf, we've seen the president do this before in the past whenever he's locked in negotiations with lawmakers. he heads out on the road, either goes to a backyard or sits down around a dinner table to put pressure on congress. that's what he did today when he went to falls church sitting down with the santana family. their parents who also are employed live in the household with them. so if taxes do go up on middle class americans, the overall hit on that household will be $4,000. so they're very concerned, but they were quite happy. they said it isn't every day that the president comes by and hangs out at your house. the message the president was trying to drive home today was aimed directly at congress and using this backdrop to tell a personal story. >> for them to be burdene
FOX News
Dec 9, 2012 9:00am PST
in washington regarding the fiscal cliff is focused on tax rates or how the federal government can bring in more revenue from you. what about the other side of the equation? cutting back on spending and borrowing. steve moore joins us to talk about that and separate fact from fiction when it comes to the numbers. >> thank you for asking that question about the spending side of the ledger. the laos two or three weeks the discussion has been about raising taxes and no discussion about reducing the amount -- the outgo. >> let's start there. if we stopped overspending, what would it take for the government to get lined up, to get rid of the debt and deficit. >> we've dug ourselves into a deep hole. when i came to washington we talked about the budget, deficit in the billions, now in the trillions of dollars. part of the problem is the numbers are large but it's a million, million dollars. the debt is $6 trillion and we're borrowing $1.1 trillion a year. the problem the president faces, even if he gets his tax increase on the rich in negotiations, and he may very well. that leaves him with a trillion
FOX News
Dec 12, 2012 12:00pm PST
washington politicians to settle their differences and avoid the fiscal cliff. they could be, working all this out behind-the-scenes and will tell us later. they could be. maybe the threat of working through the holidays will get them on the move? that is coming up. and a possibly breakthrough in the high profile murder case that cops call a "hit" job. police now have the get away car. but what about the driver? nounc] you like who you are... and you learned something along the way. this is the age of knowing what you're made of. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the a
CNN
Dec 6, 2012 4:00pm PST
at citi.com/pricerewind. >>> washington has gone silent over the fiscal cliff. most of our lawmakers have headed home. the left and the right aren't speaking to each other. of course, even though they're not talking to each other, that doesn't mean they're not talking about each other. here's what harry reid had to say about republicans today. >> it's not one of my favorite teams but it's really, really fun to watch and that's the new york jets. coach ryan. he's got a problem. he has three quarterbacks. sanchez, he's got tim tebow. he's a guy named mcelroy. he can't decide who their quarterback is going to be. that's the same problem of the republicans. >> wow. if you don't live in new york or follow football, the new york jets are a nfl team that is currently plagued by horrible things. embarrassing losses, infights and culminated the butt fumble on thanksgiving of sanchez. it -- yeah. it shows how grim it is for the new york jets since it's synonymous with infighting. the hometown paper slammed
Current
Dec 6, 2012 3:00am PST
. not a lot of progress on the fiscal cliff. in colorado and washington state, pot is now officially legal. in washington state. so is marriage equality. and lots of trouble for the new president of egypt joe cirincione will be along to let us know what we can expect over there. with the muslim brotherhood not happy with their former colleague, president morsi. so we've got waterfront covered this morning and not only that, we will take your calls and give you a chance to sound off on what all of the issues mean to you and your family. 1-866-55-press. our toll free number. also you can follow us on twitter and we invite you to at bpshow on facebook. facebook.com/billpressshow. join the chat room. to have a continuing conversation about all of the issues of the day with your fellow listeners and viewers around the country. you go to current.com and click on the chat room and are you in to -- join the conversation about all of the issues that we're talking about on the air. good to see you today. we're here with tea
MSNBC
Dec 7, 2012 11:00am PST
understand we need to sit down and work together and avoid this fiscal cliff. >> debbie, always a pleasure. good to see you. let's bring in lori montgomery for "the washington post," democratic strategy blake zeff. we decided to focus on this today. lori, let me start with you. both house leaders today, it really seems as if talks are -- it seems they're at a standstill, but our first read team is convinced a deal is in sight. we heard from debbie wasserman schultz she heard a deal is in sight. what are you hearing? >> you can see what the framework of a deal is, and i think today you heard speaker boehner. his office tried to walk it back, but for the first time he made public remarks where he didn't rule out an increase in tax rates. you have to wonder if they don't start to move towards a resolution it to what has been the big stumbling point. >> zachary, she mentioned an increase in rates. it would seem that the magic number might be 37%. the president said 39.5% for the highest income earners. right now we're at 35%. maybe i'm oversimplifying, but the obvious compromise would be right
FOX News
Dec 5, 2012 6:00am PST
. martha: west virginia senator joe manchin, a democrat discussing the fiscal cliff, social security within medicare. he believes they must be run more efficiently. >> last year the office of budget management says $115 billion was misspent. that's a tremendous savings right there. they are both much lower than everyone says we need. all economists say we need a minimum of $4 trillion or greater swing. that means a combining of many things. i think both of them are in the two or not much more than two or lower than two. that only goats you halfway there. i don't know how we got off track of what we really need to fix this. martha: he argues the economy is ready to take off if people would just stop playing the blame game. bill: one of the changes that may be coming is the reduction in the mortgage interest rate duck you can claim. but according to the i.r.s. only a small percentage of americans claim it after all. all. 37% in maryland and 15% in north dakota. 73 per of americans are opposed to changing that. martha: the owner of popular restaurant chains claims complaints about obama-care h
CNN
Dec 5, 2012 1:00pm PST
increases and spending cuts that people here in washington call the fiscal cliff. most house members are going home today with only 27 days to make a deal. two house leaders who are not going home are with me in the situation room. they're working very hard to avoid the fiscal cliff. thanks so much for coming in. for so long, republicans wanted to extend the bush tax cuts forever, now for 98% of the american people, the democrats are saying, we're ready. we've given up, we'll let you have those bush tax cuts for as long as possible. let's just resolve that, we'll move on to some of the tougher issues later. let's make sure that 98% of the american families have these lower tax rates into next year. why not give that? >> the debate over those top two pshsz, is really a strong man debate. what we need is tax reform in america. we need a simpler less complicated tax code. >> i agree with you. we need a tax reform. why not resolve this one issue, make sure taxes don't increase for 98% of the americans, 100% of americans for their first $250,000 a year. let them have that, and then move o
ABC
Dec 7, 2012 2:35am EST
the fiscal cliff. in just a few days at the end of the year. in their first discussions yesterday after a week's hiatus we are told there were no signs of progress and even a hardening of positions. in fact, earlier president obama discussed the stalemate with middle-class families. >> for them to be burdened unnecessarily because the democrats and republicans aren't coming together to solve this problem gives you a since of the costs involved in very personal terms. >> he showed what he is really after is assuming unprecedented power to spend taxpayer dollars without any limit at all. >> the major sticking points continue to be how to handle tax rates for wealthy americans, and also, what to do about reducing spending on entitlement programs like social security and medica medicare. >> aide between the president and the speaker of the house met and the talks basically went nowhere. according to one of the president's aide he said higher taxes of course on the wealthy. a deal must include permanent extension of the debt ceiling and source also say that indicated no willingness to go any
FOX News
Dec 5, 2012 6:00pm PST
's no question in my mind that going over the fiscal cliff which is frankly not nearly as big a deal as the washington media says it is, and confronting head on that we are not going to continue this pattern of deficit spending is far better for them than to raise taxes, slow the economy, and grow government. if you give the democrats -- the president's budget proposal said give me higher taxes so i can spend even more. >> sean: as i said, the big disappointment to me today was kind of shocking to hear that speaker boehner adopted the language of the president as it relates to class warfare. yeah, we're raising money on the rich. i don't care if you say revenues or tax rates, it's still the same thing. i was a little surprised that conservative tea party members are now being pulled out of different committees as a kind of punishment because they didn't go along with the leadership. so i'm saying what are they standing for? >> i think that's a very dangerous game to play. i think that the country believes that somebody ought to stand up for smaller government, somebody ought to stand
CNN
Dec 11, 2012 1:00pm PST
for you. make savings a new holiday tradition. ♪ >> thanks, wolf. >>> falling off the fiscal cliff, it may mean one thing to washington and something entirely different to millions of struggling americans. cnn's kiong la has the story. >> reporter: she could be facing at year's end a financial free fall. >> i don't know. i wish i wasn't in this situation but it is what it is and i could just do what i can. >> she lost her job as a new home sales manager on january. with an old laptop and a broken cord, she applies for jobs after job in a packed notebook, averaging 15 applications a day. at age 54, this is the first time she's ever been on unemployment. she's emptied out her savings account and now the emergency jobless program has kept her in her townhome giving her $450 a week. but unless the congress and the white house acts, the money stops. >> we're not trying to live off the system. we're trying to survive. it's not a luxury to be on unemployment. it's a means to keep us going. >> reporter: the fear of the fiscal cliff isn't just here. from the west to the north to the south, they wil
MSNBC
Dec 8, 2012 11:00am PST
. >>> meanwhile, back in washington, with just over three weeks left to make a deal on the fiscal cliff, both sides out with new statents today. and on the surface, they still sound far apart. president obama this morning saying he's going to insist on raising taxes on the wealthiest americans no matter what. >> if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle-class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >> meanwhile, on the other side of the aisle, republican senator marco rubio gave the weekly republican address today. part of his message? the tax rate should not go up on anyone including the top 2%. >> we must reform our complicated, uncertain, job-killing tax code by getting rid of unjustified loopholes. but our goal should be to generate new revenue by creating new taxpayers, not new taxes. >> joining me, author of "the escape artists: how obama's
CBS
Dec 7, 2012 4:00am PST
morning. thank you so much. in this country president obama says cutting a deal to avoid the fiscal cliff could to be done in a week but the president said that won't happen unless republicans drop their opposition to hire taxes for the wealthy. president obama visited a virginia family to move his cause. he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done. >> congress and the president have until the end the year to avert automatic spending cuts and tax increase. take a quick break. when we come back on the morning news a preview of this morning's jobs report. what role did sandy play in last month's hiring. this is the morning news. port. what role did sandy play in hiring? ♪ [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us s
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